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Side-by-side financial comparison of BTCS Inc. (BTCS) and SOLESENCE, INC. (SLSN). Click either name above to swap in a different company.

SOLESENCE, INC. is the larger business by last-quarter revenue ($12.5M vs $7.1M, roughly 1.8× BTCS Inc.). On growth, BTCS Inc. posted the faster year-over-year revenue change (205.5% vs -0.7%). Over the past eight quarters, BTCS Inc.'s revenue compounded faster (296.4% CAGR vs 12.5%).

BTCS vs SLSN — Head-to-Head

Bigger by revenue
SLSN
SLSN
1.8× larger
SLSN
$12.5M
$7.1M
BTCS
Growing faster (revenue YoY)
BTCS
BTCS
+206.1% gap
BTCS
205.5%
-0.7%
SLSN
Faster 2-yr revenue CAGR
BTCS
BTCS
Annualised
BTCS
296.4%
12.5%
SLSN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BTCS
BTCS
SLSN
SLSN
Revenue
$7.1M
$12.5M
Net Profit
$163.0K
Gross Margin
12.4%
27.5%
Operating Margin
1.5%
Net Margin
1.3%
Revenue YoY
205.5%
-0.7%
Net Profit YoY
129.2%
EPS (diluted)
$-1.58
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BTCS
BTCS
SLSN
SLSN
Q4 25
$7.1M
$12.5M
Q3 25
$4.9M
$14.6M
Q2 25
$2.8M
$20.4M
Q1 25
$1.7M
$14.6M
Q4 24
$2.3M
$12.6M
Q3 24
$739.2K
$16.9M
Q2 24
$561.2K
$13.0M
Q1 24
$451.4K
$9.9M
Net Profit
BTCS
BTCS
SLSN
SLSN
Q4 25
$163.0K
Q3 25
$65.6M
$-1.1M
Q2 25
$3.9M
$2.7M
Q1 25
$-17.3M
$80.0K
Q4 24
$-559.0K
Q3 24
$-9.0M
$3.0M
Q2 24
$-6.7M
$856.0K
Q1 24
$12.3M
$893.0K
Gross Margin
BTCS
BTCS
SLSN
SLSN
Q4 25
12.4%
27.5%
Q3 25
22.0%
23.1%
Q2 25
-2.9%
28.9%
Q1 25
7.1%
23.1%
Q4 24
2.9%
22.0%
Q3 24
26.5%
36.2%
Q2 24
69.9%
28.7%
Q1 24
64.4%
36.3%
Operating Margin
BTCS
BTCS
SLSN
SLSN
Q4 25
1.5%
Q3 25
-5.4%
Q2 25
9.4%
Q1 25
1.8%
Q4 24
-1.8%
Q3 24
19.0%
Q2 24
8.0%
Q1 24
11.3%
Net Margin
BTCS
BTCS
SLSN
SLSN
Q4 25
1.3%
Q3 25
1328.1%
-7.7%
Q2 25
140.0%
13.1%
Q1 25
-1022.5%
0.5%
Q4 24
-4.4%
Q3 24
-1223.0%
18.1%
Q2 24
-1198.9%
6.6%
Q1 24
2715.3%
9.0%
EPS (diluted)
BTCS
BTCS
SLSN
SLSN
Q4 25
$-1.58
$0.00
Q3 25
$1.30
$-0.02
Q2 25
$0.14
$0.04
Q1 25
$-0.86
$0.00
Q4 24
$0.28
$0.00
Q3 24
$-0.56
$0.04
Q2 24
$-0.43
$0.01
Q1 24
$0.63
$0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BTCS
BTCS
SLSN
SLSN
Cash + ST InvestmentsLiquidity on hand
$1.5M
$1.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$139.4M
$17.6M
Total Assets
$214.6M
$50.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTCS
BTCS
SLSN
SLSN
Q4 25
$1.5M
$1.3M
Q3 25
$4.5M
$429.0K
Q2 25
$639.2K
$4.1M
Q1 25
$269.9K
$1.8M
Q4 24
$2.0M
$1.4M
Q3 24
$254.5K
$2.9M
Q2 24
$536.7K
$2.4M
Q1 24
$670.6K
$2.0M
Stockholders' Equity
BTCS
BTCS
SLSN
SLSN
Q4 25
$139.4M
$17.6M
Q3 25
$225.4M
$17.2M
Q2 25
$31.1M
$18.2M
Q1 25
$20.6M
$15.2M
Q4 24
$34.0M
$14.9M
Q3 24
$25.2M
$15.2M
Q2 24
$33.1M
$11.9M
Q1 24
$39.3M
$5.0M
Total Assets
BTCS
BTCS
SLSN
SLSN
Q4 25
$214.6M
$50.1M
Q3 25
$298.9M
$54.0M
Q2 25
$40.8M
$60.0M
Q1 25
$21.0M
$57.0M
Q4 24
$38.2M
$50.0M
Q3 24
$26.5M
$48.0M
Q2 24
$33.8M
$40.8M
Q1 24
$39.5M
$38.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BTCS
BTCS
SLSN
SLSN
Operating Cash FlowLast quarter
$-9.8M
$1.8M
Free Cash FlowOCF − Capex
$-9.8M
FCF MarginFCF / Revenue
-138.1%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
11.16×
TTM Free Cash FlowTrailing 4 quarters
$-15.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTCS
BTCS
SLSN
SLSN
Q4 25
$-9.8M
$1.8M
Q3 25
$-2.8M
$-2.5M
Q2 25
$-1.3M
$-654.0K
Q1 25
$-1.9M
$-7.2M
Q4 24
$-3.5M
$2.2M
Q3 24
$-695.2K
$4.2M
Q2 24
$-924.1K
$-565.0K
Q1 24
$-769.0K
$-3.9M
Free Cash Flow
BTCS
BTCS
SLSN
SLSN
Q4 25
$-9.8M
Q3 25
$-2.8M
Q2 25
$-1.3M
Q1 25
$-1.9M
Q4 24
$-3.5M
$-404.0K
Q3 24
$2.8M
Q2 24
$-1.0M
Q1 24
$-3.9M
FCF Margin
BTCS
BTCS
SLSN
SLSN
Q4 25
-138.1%
Q3 25
-56.7%
Q2 25
-48.2%
Q1 25
-112.7%
Q4 24
-152.2%
-3.2%
Q3 24
16.6%
Q2 24
-8.0%
Q1 24
-39.9%
Capex Intensity
BTCS
BTCS
SLSN
SLSN
Q4 25
0.2%
Q3 25
0.1%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.1%
20.6%
Q3 24
8.3%
Q2 24
3.7%
Q1 24
0.9%
Cash Conversion
BTCS
BTCS
SLSN
SLSN
Q4 25
11.16×
Q3 25
-0.04×
Q2 25
-0.34×
-0.25×
Q1 25
-90.26×
Q4 24
Q3 24
1.38×
Q2 24
-0.66×
Q1 24
-0.06×
-4.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BTCS
BTCS

Builder Plus$5.9M83%
Other$1.2M17%

SLSN
SLSN

Segment breakdown not available.

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